Shorenstein, Cisco Tower, Santa Clara, Prudential Real Estate Investors, San Jose, Equity Office, Silicon Valley real estate, Bay Area news

Shorenstein to Earn Significant Return on Sale of Cisco Tower in Santa Clara

By Jon Peterson San Francisco-based Shorenstein Properties is going to be achieving a large gain on the sale of the 12-story, 283,135 square foot Cisco Tower office building located at...
Houston, Transwestern Develpment Company, San Francisco Bay Area, West Coast, Orange, Seattle, Panattoni Development Company, Inland Empire, Los Angeles

Indiana Pension Fund Allocates $150MM to Stockbridge’s Two Funds

By Jon Peterson Indianapolis-based Indiana Public Retirement System has allocated a total of $150 million into two commingled funds managed by San Francisco-based Stockbridge Capital Group. The commitments were $75...
San Mateo, Deutsche Asset & Wealth Management, Peninsula, Clearview Business Park, Eastdil Secured, Lowe Enterprises, Bay Area news, San Mateo real estate

Deutsche Sets New Bar for San Mateo Campus

By Nancy Amdur New York-based Deutsche Asset & Wealth Management gained an office campus in a prime San Francisco Bay Area location with its recent purchase of the Clearview Business...
Westcore, San Francisco, Cushman & Wakefield, Prudential, Concord, Union City, East Bay real estate, Bay Area news, Bay Area commercial real estate

Westcore Sells in Concord and Buys in Union City

By Jon Peterson San Diego-based Westcore Properties has sold an office building in Concord and bought an industrial property in Union City. The company has completed the sale of two Class...
DivcoWest, Orchard Partners, American Canyon, Napa, CalPERS, RREEF, Deutsche Asset & Wealth Management, industrial development, Bay Area news

Orchard Partners and DivcoWest Take 218 Acres for Industrial Development in American Canyon

By Jon Peterson Lafayette-based Orchard Partners and San Francisco-based DivcoWest Properties have acquired 218 acres in American Canyon in Napa County for a future industrial development project. The purchase price...
Land price, San Francisco, CBRE, Alexandria Real Estate Equities, San Francisco real estate, Bay Area news

Land Prices for Office Sites Approaching Peak of 2007

By Jon Peterson Land prices for office building development sites in San Francisco are nearing the peak, according to data supplied by the San Francisco office of CBRE. Land prices...

Swift Realty Pays $129/SF for San Jose Buildings

By Jon Peterson San Francisco-based Swift Realty Partners has paid $40 million or $129 per square foot to acquire the 309,235 square foot Community Towers office buildings at 111 West...

Columbia Property Trust Buys 221 Main in San Francisco for $228.8MM

By Jon Peterson Atlanta-based Columbia Property Trust has paid $228.8 million or $589 per square foot to acquire the 387,943 square foot office building at 221 Main Street in San...
Cornerstone Real Estate, San Francisco, USAA Real Estate, Ares Management, Blackstone, EOP, Bay Area news, 201 California, San Francisco real estate

Alexandria Buys Development Site at 500 Townsend in San Francisco

By Jon Peterson Pasadena- based Alexandria Real Estate Equities has acquired a 1.23-acre development site located at 500 Townsend Street in downtown San Francisco. The purchase price of the parcel...
TIAA-CREF, San Francisco, Hines, SoMa, South of Market, Financial District, cap rate, San Francisco real estate, Bay Area news, 55 2nd street

TIAA-CREF to Earn 4 Cap on 55 2nd Street in San Francisco

By Jon Peterson New York City-based TIAA-CREF will be getting a four cap rate on its purchase of the 379,330 square foot 55 2nd Street office building in the South...